AcuPartD

Keeping you updated on the latest Medicare and Part D news

2016 Medicare Part D Enrollment Trends

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A report published today by the Health Policy Institute at Georgetown University and the Kaiser Family Foundation exploring the current state of Medicare Part D and trends over the last decade presents a number of interesting findings.  The percent of beneficiaries enrolled in a Part D plan has increased from 52% in 2006 to 71% in 2016.  The chart below presents a high level view of current Part D  enrollment.8915-exhibit-s-1.png

A closer examination of 2016 Part D enrollment data reveals that the three largest Part D sponsors, UnitedHealth, Humana, and CVS Health, account for 52% of enrollees.  The ten largest sponsors have enrolled 80% of Part D beneficiaries.  The average Medicare beneficiary ha 26 PDP plans available in 2016, the lowest amount in the past ten years.  On average, there were 16 MA-PD plans available to beneficiaries, a number that has remained relatively stable since 2011.

8915-exhibit-s-1.png

A closer look at 2016 Part D premiums, benefits, the LIS program, and plan performance ratings will be covered in the coming days.

Report

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One thought on “2016 Medicare Part D Enrollment Trends

  1. Pingback: 2016 Medicare Part D Premiums | AcuPartD

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